Respiratory Endotherapy Devices Market to Grow with a CAGR of 5.33% through 2030
Increasing prevalence of respiratory disorders are
expected to drive the Global Respiratory Endotherapy Devices Market growth in
the forecast period, 2026-2030
According to
TechSci Research report, “Respiratory Endotherapy Devices Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030”, the Global Respiratory
Endotherapy Devices Market stood at USD 1.45 Billion in 2024 and is anticipated
to grow with a CAGR of 5.33% through 2030.
Technology and improvements in
artificial intelligence have dramatically changed the healthcare sector.
Various market players are investing and innovating in the advancement of
respiratory devices. For instance, in November 2022, Xplore Health Technologies
launched a first-of-its-kind respiratory muscle training (RMT) device called
Airofit Pro. The product comes from a collaboration with Airofit, Denmark. It
was one of the first data-driven smart respiratory training systems and is
priced at USD 422.74 (Rs 34,990). Airofit Pro personalizes the breathing
training experience for users and makes their respiratory muscles stronger,
faster, and more efficient. Therefore, with such technological advancements in
respiratory devices, the market is expected to grow over the forecast period.
Hence, as a result of the above-mentioned factors, such as the increasing
prevalence of respiratory disorders and technological advancements and
increasing applications in a homecare setting, the respiratory device market is
anticipated to grow over the forecast period. However, the high cost of devices
is likely to restrain the market's growth.
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"Global Respiratory Endotherapy Devices Market”
The Global Respiratory
Endotherapy Devices Market is segmented into Devices, End User, Specialist & Region.
Based on the
Devices, The Diagnostic Devices segment is poised to become the fastest-growing segment in the global Respiratory Endotherapy Devices Market. This rapid growth is being driven by the crucial role diagnostic devices play in shaping the future of respiratory healthcare. With their ability to accurately and early identify respiratory disorders, diagnostic devices set the foundation for the effective adoption of respiratory endotherapy solutions. Advanced diagnostic tools—such as high-resolution imaging systems and innovative sensors—provide healthcare professionals with a detailed understanding of respiratory conditions. This enhances their ability to offer targeted and personalized treatments, driving demand for more precise and efficient respiratory care.
Furthermore, these devices are pivotal in the early detection of diseases, which is critical for timely interventions and optimal treatment outcomes. The integration of diagnostic technologies into respiratory endotherapy devices further amplifies their effectiveness by improving pre-procedural planning. This allows healthcare providers to plan interventions with greater accuracy, ensuring that procedures are conducted with higher precision, especially when navigating the complex respiratory system. As the global demand for quick, accurate, and efficient respiratory diagnostics continues to rise, the synergy between diagnostic devices and respiratory endotherapy devices becomes ever more apparent. The combination of these technologies enhances the overall quality of respiratory care, propelling the Diagnostic Devices segment to the forefront of market growth throughout the forecast period..
Major companies
operating in Global Respiratory Endotherapy Devices Market are:
- Fujifilm Holdings Corporation.
- Medtronic plc.
- Johnson & Johnson.
- Smith & Nephew Plc.
- Stryker corporation.
- Olympus corporation.
- Hoya corporation.
- Steris Healthcare.
- Conmed corporation.
- Boston Scientific corporation.
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“The Global
Respiratory Endotherapy Devices Market is experiencing robust growth, driven by
several key factors that underscore its significance in the healthcare
industry. Firstly, the rising prevalence of respiratory disorders, such as
chronic obstructive pulmonary disease (COPD) and asthma, is a primary driver.
As these conditions become more prevalent globally, the demand for advanced and
minimally invasive respiratory endotherapy devices is escalating. Technological
advancements in endoscopic procedures and devices are playing a pivotal role in
the market's growth. Innovations in bronchoscopy and other endotherapy
techniques are enhancing diagnostic capabilities and treatment outcomes. The
development of sophisticated devices with improved imaging capabilities and
maneuverability is fostering greater adoption among healthcare professionals. An
aging population contributes to the market's expansion, as the elderly are more
prone to respiratory ailments. The growing awareness among both patients and
healthcare providers about the benefits of endotherapy devices, such as reduced
recovery time and minimal invasiveness, is also fueling market growth.” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Respiratory Endotherapy Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Devices {By Diagnostic Devices (Trans Bronchial Aspiration, Biopsy forceps, Cytology Brushes, Others), By Therapeutic Devices (Bronchoscope, Bronchial Thermoplasty Systems, Pulmonary Balloon Dilation Catheter, Stents, Others)}, By End User (Peripheral Vascular Intervention, Endovascular Interventions, Cardiac, Interventional Radiology, Venous, Others), By Specialist (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers), By Region & Competition 2020-2030F”, has evaluated
the future growth potential of Global Respiratory Endotherapy Devices Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Respiratory Endotherapy Devices Market.
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